Travelsoft acquires Spain’s Travel Compositor
Travel SaaS group Travelsoft has acquired B2B booking engine provider Travel Compositor.
Spain based Travel Compositor offers ‘multi-destination’ booking engines and is well established in Southern Europe.
It is also as growing in emerging markets such as Latin America and Asia.
Founded in 2014, Travel Compositor employs 90 staff and operates a SaaS model,.
Travel Compositor becomes the third company of Travelsoft group, which was founded in Paris in 2000.
Travelsoft specialises in software enabling tourism providers to sell automated travel packages.
With the inclusion of Travel Compositor, the group will now be able to generate €5 billion in bookings annually.
In 2022 it acquired Germany-based Traffics.
Travelsoft is also the holding company of French-headquartered Orchestra.
Each of the Travelsoft Group’s companies will keep their names and brands.
Manuel Aragonés, Travel Compositor co-founder said: “We are very excited to join such a global project to build-out further our tech edge and business.”
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